Credit Application Help
How To Apply:
BMW Financial Services provides an easy way for you to begin your on-line credit application process.
There is no cost or obligation when you submit an application, and your personal information is protected and shared only with your selected BMW Center. Please read our "Privacy Statement" for more privacy and security information.
In order to complete the application you will need the following information for yourself and your co-applicant, if applicable:
- Personal Information.
- Address Information.
- Financial Information.
- Dealer and Vehicle Information.
If you do not have a preferred BMW Center , you may use our center locator to find one nearest to you.
Your application will be encrypted for security, transmitted to BMW Financial Services for processing.
If you submit your application during normal business hours (Monday - Friday, 8am-5pm ET), you will receive an e-mail decision from BMW Financial Services within 24 hours of your submission.
On the same business day after submitting your application your BMW Center will automatically receive the credit decision.
If approved, your approval will remain valid so long as you complete the financing transaction and take delivery of your vehicle within 60 days from date of application.
Please be sure to contact your selected BMW Center after you have received your credit decision. Your BMW Center is the final and most important step in ensuring you become a proud BMW customer.
What Happens Next?
The Approval Process
After you have submitted your credit application to BMW Financial Services, we will review your information from one of the major credit bureaus, and arrive at a decision. This decision will be e-mailed to you within 24 hours if you have submitted your application during normal business hours (Monday - Friday, 8am - 5pm, ET).
Credit bureaus routinely collect and maintain information from credit card companies, banks, and department stores about your payment history and use it to compile your credit report.
Once you have received your credit decision, the most important step is to visit your selected BMW Center. If you were declined for credit with BMW Financial Services, you may still visit your BMW Center to discuss other vehicle and financing options that may be available to you.
What to Expect at your BMW Center
Your BMW Center will have your credit application on file. The BMW Center will work with you on securing the right vehicle and financing options available for you.
To complete the sales transaction, you will need to present the following to your BMW Center:
- Two forms of identification, including one picture ID which can be a valid driver's license or International Drivers License.
- A copy of your auto insurance including your agent's name, address, and phone number.
- The title and/or lien information on the vehicle you are trading in, if applicable.
- The vehicle you are trading in, if applicable.
- A check for your down payment, taxes, title and license fees. Please note that tax, title, and license fees vary by state, and are not included in our on-line estimators and vehicle MSRP's.
Estimated payments exclude applicable taxes, title, registration, license, and documentary fees, and will vary depending upon the final price and terms agreed upon between you and your BMW Center. Calculation of this estimated payment may include a credit or rebate. The availability and amount of credits and rebates are subject to changes in law and subject to BMW Center participation, which could affect the estimated payment. Consult your selected BMW Center for more information regarding the availability of a credit or rebate on your chosen vehicle.